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Escrow closer skills for your resume and career

Updated January 8, 2025
2 min read
Below we've compiled a list of the most critical escrow closer skills. We ranked the top skills for escrow closers based on the percentage of resumes they appeared on. For example, 25.4% of escrow closer resumes contained settlement statements as a skill. Continue reading to find out what skills an escrow closer needs to be successful in the workplace.

15 escrow closer skills for your resume and career

1. Settlement Statements

A settlement statement is a document that holds summaries of all the terms and conditions regarding a settlement. In the cases of a loan settlement statement, it fully discloses the terms of a loan and all details of the charges that a borrower needs to pay from a loan's interest.

Here's how escrow closers use settlement statements:
  • Prepared settlement statements and associated title documentation for closings.
  • Formalized HUD-1 Settlement Statements according to lender instructions.

2. Notary

Here's how escrow closers use notary:
  • Emailed closing documents to various Notary Company's for the signing of borrower's.
  • Coordinated and completed Notarization at Anacortes branch and/or Nationwide Traveling/Mobile notary service as so needed/required for closing.

3. Real Estate Contracts

Here's how escrow closers use real estate contracts:
  • Reviewed real estate contracts for closing deadlines and all agreed upon terms.
  • Adhered to real estate contracts and Lender instructions while ensuring Corporate underwriting guidelines were not compromised.

4. Title Insurance

Here's how escrow closers use title insurance:
  • Prepared and issued final title insurance policies based on real estate transaction type.
  • Clear all title requirements in order to issue title insurance.

5. Estate Closings

Here's how escrow closers use estate closings:
  • Conducted real estate closings for residential sales, refinance and construction files.
  • Conducted real estate closings, prepared HUD Statements.

6. Title Commitments

Here's how escrow closers use title commitments:
  • Reviewed title commitments and gathered documentations to clear requirements for closing.
  • Review title commitments for exceptions and policy requirements and accuracy.

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7. Real Estate Transactions

Here's how escrow closers use real estate transactions:
  • Handled all intermediary duties between buyers and sellers in real estate transactions, and examined title for escrow purchase and sales.
  • Planned, processed and closed escrow files for real estate transactions

8. Title Fees

Here's how escrow closers use title fees:
  • Contacted borrower to advise of funds due, ensured that state specific documents were sent and proper title fees charged.

9. Loan Packages

Here's how escrow closers use loan packages:
  • Prepped and shipped closed loan packages for investors after closings.
  • Copied loan packages Covered switchboard for Receptionist on breaks and lunches Disbursed checks Processed incoming and outgoing mail Transmitted wire outs

10. HOA

HOA stands for "Home Owner's Association." This association is comprised of community members to ensure all community guidelines and codes are followed. These rules are often created by the association to give the community a uniform and clean look. Rules can include everything from placement of trash cans to lawn care maintenance, and members often join an HOA as soon as a home is purchased in a community with such an association.

Here's how escrow closers use hoa:
  • Open closing orders, coordinate with real estate agents, lenders, hoa's, and buyers.
  • Submit requests for additional information regarding each transaction (HOA, payoffs, etc.)

11. Loan Closings

Here's how escrow closers use loan closings:
  • Schedule and assist with loan closings and vesting related issues.
  • Assisted the Executive Vice President with major commercial loan closings.

12. Refinance Transactions

Here's how escrow closers use refinance transactions:
  • Prepare Closing Statements and escrow documents for refinance transactions.
  • Researched and processed liens, judgments, loans, taxes, and homeowner association information for real estate and refinance transactions.

13. Title Issues

Here's how escrow closers use title issues:
  • Ordered appropriate bills to be paid and cleared of any title issues prior to closing.
  • Work directly with escrow officers to clear title issues in order to close transactions.

14. Title Reports

Here's how escrow closers use title reports:
  • Reviewed title reports, plat of surveys, and all existing liens.
  • Reviewed title reports and resolved issues.

15. REO

Here's how escrow closers use reo:
  • Presented REO, Cash Sales, Construction, Refinance, and Commercial documents.
  • Coordinated REO property closings with agents, lenders and buyers.
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List of escrow closer skills to add to your resume

Escrow closer skills

The most important skills for an escrow closer resume and required skills for an escrow closer to have include:

  • Settlement Statements
  • Notary
  • Real Estate Contracts
  • Title Insurance
  • Estate Closings
  • Title Commitments
  • Real Estate Transactions
  • Title Fees
  • Loan Packages
  • HOA
  • Loan Closings
  • Refinance Transactions
  • Title Issues
  • Title Reports
  • REO
  • TRID
  • Softpro
  • Real Property
  • Property Taxes
  • Legal Descriptions
  • RESPA
  • Customer Satisfaction
  • FHA
  • Title Searches
  • Order Entry
  • Client Relations

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.